Essays & News

Government price caps, subsidies and excess profit taxes will not solve Europe’s energy crisis. The best remedy is to increase the supply of all forms of energy.

Lately, Africa has had a procession of high-profile visitors. In July and August, French President Emmanuel Macron toured several nations as did Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Antony Blinken. Turkish President Recep Tayyip Erdogan preceded them late last year and again in February of this year while British Prime Minister […]

TOPIC: Taking Money out of Politics – On Central Banks, Inflation and the Case for ‘Concurrent Currencies’ The XVII. International Gottfried von Haberler Conference will take place on Friday May 12, 2023 at University of Liechtenstein in Vaduz. Conference topic: Taking Money out of Politics – On Central Banks, Inflation and the Case for ‘Concurrent […]

The International Vernon Smith Prize is an essay competition for the advancement of Austrian Economics – sponsored and organized by ECAEF – the EUROPEAN CENTER OF AUSTRIAN ECONOMICS FOUNDATION, Vaduz (Principality of Liechtenstein). Topic for the 2022 competition: 1st Prize: €4,000 2nd Prize: €3,000 3rd Prize: €2,000 The wisdom that people lose their freedom as soon […]

For years, the ECB has egregiously violated its own statutes. Today’s high inflation is the predictable result. For the first time in more than 10 years, the European Central Bank has increased its key interest rate, raising it by 0.5 percent. The move follows a long period of decreasing interest rates and pumping money into […]

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